Solid Company, Strong backing and we got some great supports At this area.
Long at 5.80s, stoploss $5.30s, take profit $7.98s.
I have seen this stock bounce around this area multiple times, and ran up. it's a luxury car company in china, with strong backing from Tencent(they are like Berkshire capital of china) as they own 20% stake.
This is the same company that once saved ATVI back in the days when it was a just some under $15 stock and infused them with enough cash to make them the gaming giant they are now.
I highly doubt Nio is going to under soon. They are the closest to competitor to Tesla in china.
Long at 5.80s, stoploss $5.30s, take profit $7.98s.
I have seen this stock bounce around this area multiple times, and ran up. it's a luxury car company in china, with strong backing from Tencent(they are like Berkshire capital of china) as they own 20% stake.
This is the same company that once saved ATVI back in the days when it was a just some under $15 stock and infused them with enough cash to make them the gaming giant they are now.
I highly doubt Nio is going to under soon. They are the closest to competitor to Tesla in china.
Catatan
Add position at the $5.40, ultimate support at 5.35.
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📈 Want deeper market insights?
📰 Free Weekly Recap, Outlook & Watchlist → diywallst.substack.com/about
⚡ VX Algo Futures Signals + Mentorship →whop.com/c/diywallst/tradingview2
Promo Code: 50off
📰 Free Weekly Recap, Outlook & Watchlist → diywallst.substack.com/about
⚡ VX Algo Futures Signals + Mentorship →whop.com/c/diywallst/tradingview2
Promo Code: 50off
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.